DIVGIITTS
Divgi Torqtransfer Systems Ltd
₹674.75
Divgi Torqtransfer Systems Ltd Dividend 2024 : Should Divgi Torqtransfer Systems Ltd be a part of your dividend portfolio?
Divgi Torqtransfer Systems Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹2,090.19Cr. Its share price is ₹674.75 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Divgi Torqtransfer Systems Ltd gave ₹2.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Auto Ancillaries stocks do not always pay a dividend but as Divgi Torqtransfer Systems Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Divgi Torqtransfer Systems Ltd has declared dividend of ₹2.60 - translating a dividend yield of 0.39%.
Let's look at Divgi Torqtransfer Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Divgi Torqtransfer Systems Ltd’s revenue were ₹70.16Cr in the quarter ending March 2024. The revenuefell by -7.64% year on year basis since last quarter.
- Divgi Torqtransfer Systems Ltd’s profits were ₹9.21Cr in the quarter ending March 2024. The profits fell by -31.52% year on year basis since last quarter.
- Divgi Torqtransfer Systems Ltd’s dividend was ₹2.60 in the quarter ending March 2024.
Divgi Torqtransfer Systems Ltd Dividend related ratios:
- Last dividend date: 24/05/2024
- Current Dividend Yield: 0.39%
- Annual dividend payment: ₹2.60
History of Divgi Torqtransfer Systems Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/07/2024 | CASH | ₹2.60 | 24/05/2024 | 23/07/2024 |
24/07/2023 | CASH | ₹3.35 | 18/05/2023 | 24/07/2023 |
